Scientific Games acquires majority stake in EsysnetG
In a move that will expand its video bingo offering, leading provider of games, systems and services for casino, lottery and social gaming, Scientific Games Corporation (NASDAQ: SGMS) has announced that is has completed the acquisition of a majority stake in Sao Paulo, Brazil-based video bingo content studio, E-SYS Techologia EM Informática S.A. (“EsysnetG”).
Commenting on the move, Derik Mooberry, Group Chief Executive, Gaming for Scientific Games, said, “We are excited to welcome EsysnetG into the Scientific Games family. This acquisition will enable us to provide our customers with expanded, engaging video bingo content and is yet another example of our continued investment in solutions that help the Company offer the broadest portfolio of innovative products in the industry,” according to the news release.
EsysnetG founder, Mauricio Lara, reportedly has a long history of developing video bingo content, engines, and math models for multiple markets.
The acquisition of EsysnetG provides Scientifc Games with access to the Latin firm’s existing video bingo content, as well as future content, for the development of land-based, mobile and online games that can be added to markets globally.
The most recent deal is on the heels of the Las Vegas-based Scientific Games deal with German lottery operator Lotto Berlin to supply its 950-retailer network with an improved suite of retail terminals.